Defy Mortgage Review
Founded 2020 · Fort Lauderdale, FL · Nationwide
3.9
Editor Rating
Defy Mortgage is a non-QM lender offering DSCR, bank statement, and asset depletion loans for real estate investors. Known for aggressive marketing and competitive rates on non-QM products.
Editor's Take
Defy Mortgage is strongest for Airbnb/STR investors who need a DSCR lender that explicitly accepts short-term rental income. Their STR DSCR programs use AirDNA data for income qualification, which is more generous than lenders requiring traditional leases. If you're building an STR portfolio, Defy understands the business model. Verify all terms in writing — their marketing is aggressive and may not match final loan docs.
— Bill Rice, 30+ year mortgage lending veteran
Pros & Cons
Pros
- Strong STR/Airbnb DSCR programs
- Bank statement and asset depletion products
- Low credit minimums
- Foreign national programs
- Competitive non-QM rates
Cons
- Newer company (2020) — shorter track record
- No fix-and-flip or bridge products
- Marketing can oversell — verify terms carefully
Loan Products Offered
Eligible Property Types
Best For
Compare Defy Mortgage
Disclaimer: Rates, terms, and requirements shown are approximate and based on publicly available information as of March 2026. Actual terms may vary based on your credit profile, property details, and market conditions. Always verify current terms directly with the lender before making financing decisions. ProInvestorHub provides editorial reviews for educational purposes and does not guarantee loan approval or specific terms.